Beating Burnout

Posted on: February 10, 2017 by Chuck Krugh, CFP

Burnout is real – and it’s an increasingly common problem among doctors across the U.S. Physicians are being increasingly squeezed between tightening reimbursement rates, the demands of practice management, liability concerns, demanding schedules, regulatory burdens and the relentless onslaught of information. Patients can be difficult or uncooperative, or it could just be a matter of […]

Posted in: healthcare Medical Residents Practice Management stress management

Study: Long Work Hours Triple Women’s Risk Of Life Threatening Chronic Illnesses

Posted on: January 24, 2016 by Chuck Krugh, CFP

Those of you in or recently out of residency will relate to this one: Long work hours over three decades or more significantly increase the incidence of severe, life threatening chronic diseases among women. That’s according to a recent study by Xiaoxi Yao, Ph.D., with the Center for the Science of Health Care Delivery at […]

Posted in: disability claims Disability Insurance Doctor disability insurance healthcare Medical News Practice Management stress management Uncategorized

Doctors’ High Stress Profession Makes Disability Insurance A Vital Asset

Posted on: May 21, 2015 by Chuck Krugh, CFP

There’s an old saying that it’s the cobbler’s kids who have no shoes. Doctors tend to go into the business with great intentions: They want to help others. And that’s a good and laudable goal and absolutely a quality to be admired in a doctor. But sometimes doctors fall prey to an insidious tendency to […]

Posted in: Disability Insurance Doctor disability insurance Financial Planning Medical Residents physicians disability insurance stress management

Finding Happiness In Spite of Money

Posted on: November 10, 2014 by Chuck Krugh, CFP

How do you define happiness? For many people, their level of happiness is based on a comparison of their lifestyle to another’s. If they can keep up with the Jones, then they think they are happy. To them status achievement is the measure of happiness. At the extreme end you will find people who spend […]

Posted in: Financial Planning Money Management Physician Money Management Practice Management Retirement stress management

What Do We Know About “The Medical Marriage?”

Posted on: September 24, 2014 by Chuck Krugh, CFP

Nobody understands doctors like their spouses and doctor/doctor marriages come with their own set of issues and challenges. Physician’s families face some unique challenges not well understood by outsiders – and indeed, not well understood by physicians, residents and medical students just now entering their marriages. A recent article, Understanding the Medical Marriage: Physicians and […]

Posted in: Practice Management Retirement stress management

You Can Manage your Practice, But Can You Manage Your Time?

Posted on: May 13, 2013 by Chuck Krugh, CFP

As a solo practitioner, you need to be able to manage people, finances, practice development and all of the other responsibilities of the practice, but when you are done with all of that, it’s your time that typically goes un-managed.  Most practice consultants would agree that if you’re not in control of your time, then […]

Posted in: Practice Management stress management Uncategorized

Physicians Can Hire a Money Doctor to Cure Personal Finance Woes

Posted on: March 10, 2013 by Chuck Krugh, CFP

You would probably never hear any of them tell you, but most physicians are awful at personal finances.  We’re talking about the most basic aspects of day-to-day financial management – budgeting, bill paying, balancing the checkbook, staying organized and looking for ways to salt away some money for savings. It’s not rocket science, but it […]

Posted in: Financial Planning Money Management Physician Money Management stress management

Financial Success for Physicians Begins with a Winning Attitude

Posted on: February 27, 2013 by Chuck Krugh, CFP

You would think that the main thing that separates the financial winners from the losers is money. Obviously, the more money people have, the more things they can buy, but that doesn’t necessarily translate into happiness. Even physicians who make a lot of money can find themselves at its mercy if it controls their lives. […]

Posted in: Financial Planning Money Management Physician Money Management stress management

Physician Disability Insurance: Effects of Physician Stress

Posted on: August 7, 2012 by Chuck Krugh, CFP

Physician Disability Insurance: Effects of Physician Stress According to a survey by Physician Wellness Services, over 86% of U.S. physicians are moderately to severely stressed or burned out on an average day. Nearly two thirds of respondent say their stress has increased from moderately to dramatically in the past three years. Stress can even lead […]

Posted in: Disability Insurance stress management